DGAP-News: Greenworld Wind Power Co.Ltd. : Greenworld Wind Power Anticipates Significant Carbon Credit Revenue From Casiguran Bio-Mass Power Project
(firmenpresse) - DGAP-News: Greenworld Wind Power Co.Ltd. / Key word(s): Miscellaneous
Greenworld Wind Power Co.Ltd. : Greenworld Wind Power Anticipates
Significant Carbon Credit Revenue From Casiguran Bio-Mass Power
Project
10.02.2012 / 09:00
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Greenworld Wind Power Anticipates Significant Carbon Credit Revenue From
Casiguran Bio-Mass Power Project
Toronto, Canada - February 10, 2012 - Greenworld Wind Power Co. Ltd.
(Greenworld): Deutsche Börse symbol: GWDA (www.greenworldpower.ca), has
developed initial revenue projections from the sale of Certified Emission
Reduction (carbon credits or CERs) to be derived from the 2MW bio-mass
power project it is developing in conjunction with Eco Market Solutions in
Dinalungan, Aurora Province, the Philippines.
Greenworld will finance the verification process to see the bio-mass
project qualify for carbon credits and will in turn receive 45% of gross
revenues generated from the sale of these credits for the first 21 years of
operation.
Carbonergy BCS, the consulting firm responsible for the Programme of
Activities in which the project will be included, estimates that the
project will generate a total of 8,968 CERs annually.
Based on a projected value of EUR10 per CER, total revenue is estimated to
be EUR847,476.00 over the 21 year period.
Disclaimer&Safe Harbor Statement:
This release may contain certain 'forward-looking statements' with respect
to certain of Greenworld Wind Power Co. Ltd.'s plans, goals and
expectations regarding its future financial condition, performance,
results, strategy and objectives. Words such as 'anticipates', 'expects',
'intends', 'plans', 'believes', 'seeks', 'estimates', 'may', 'could',
'would', 'might', 'will' and variations of these words or similar
expressions are intended to identify forward-looking statements. In
addition, any statements that refer to expectations, beliefs, plans,
projections, objections, performance or other characterizations of future
events or circumstances, including any underlying assumptions, are
forward-looking statements. Forward-looking statements in this press
release are not promises or guarantees of future performance and are
subject to risks and uncertainties that could cause Greenworld Wind Power
Co. Ltd.'s actual results to differ materially from those anticipated.
Greenworld Wind Power Co. Ltd. cautions the reader not to place undue
reliance upon any such forward-looking statements. These forward-looking
statements involve known and unknown risks as well as uncertainties,
including those discussed herein as well as the following: (i) domestic and
global economic and business conditions; (ii) market related risks and the
performance of financial markets generally; (iii) the policies and actions
of regulatory authorities; (iv) the impact of competitive factors; (v)
risks and uncertainties associated with future acquisitions or combinations
within relevant industries; and (vi) changes in capital, solvency or
accounting standards as well as tax and other relevant legislation or
regulations in the jurisdictions in which Greenworld Wind Power Co. Ltd.
operates. The actual results that Greenworld Wind Power Co. Ltd. achieves
may differ materially from any forward-looking statements which are based
on management's beliefsand opinions at the time the statements are made.
Greenworld Wind Power Co. Ltd. does not undertake any obligation to update
forward-looking statements should circumstances or management's beliefs or
opinions change.
For further information please contact:
Greenworld Wind Power Co. Ltd.
100 Consillium Place
Suite 200
Scarborough, ON
M1H 3E3
Email: info(at) greenworldpower.ca
End of Corporate News
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Unternehmensinformation / Kurzprofil:
Datum: 10.02.2012 - 09:00 Uhr
Sprache: Deutsch
News-ID 113245
Anzahl Zeichen: 5709
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